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Energy Investment

‘Tepid’ Demand for U.S. Sustainable Funds in July, Report Says

Investors deposited $120 million into U.S. sustainable funds last month, a "tepid" amount of inflows that coincided with a broader retreat from mutual funds and…

Wind Turbine

Azure Power Signs Deal With Siemens Gamesa for Wind Turbines

Siemens Gamesa to supply 96 units of SG3.6-145 onshore wind turbines to be supplied to Indian independent sustainable energy solutions provider Azure Power

LNG

Australia’s Santos to Proceed With $2.6 Bln Alaska Oil Project

Santos Ltd will proceed with its $2.6 billion Alaskan oil project, the Australian energy producer said on Wednesday after posting a four-fold jump in first-half…

Crude Oil

Shell to Shut Gulf of Mexico Crude Pipes for 2 Weeks in September

Shell on Tuesday said it plans to shut for two weeks in September a key crude oil pipeline in Gulf of Mexico that supplies oil to Louisiana refineries.

Nuclear waste

Nuclear Waste Recycling Startup Wants to Solve the ‘Ball and Chain’ Problem Holding Back Nuclear

Ed McGinnis knows firsthand about the nuclear waste problem in the United States after working for the Department of Energy from 1991 to 2021.

Energy Storage Battery

Blackrock Makes $700 Million Investment in Australian Battery Storage

Effective, large-scale storage systems are set to become increasingly important as renewable energy capacity expands.

Pumped Storage

Estonian Mine to Be Turned Into Pumped Hydro Facility

Preliminary design and environmental impact assessment for Estonia’s first pumped storage hydroelectric plant is underway under the guidance of Estonian energy…

Solar Power Plant

Iberdrola Toasts First Portuguese PV Commissioning

Iberdrola has commissioned its first solar farm in Portugal, Spain, one of several projects it was awarded in solar auctions in 2019, totalling 187MW.

Crude Oil

Barclays Sees Crude Surplus in Near-Term, Cuts Brent Price View

Barclays lowered its Brent price forecasts on Tuesday by $8 per barrel for 2022 and 2023, as it expects a large surplus of crude oil over the near-term due to "…

Hydrogen Production

Total Eren Plans 2GW Solar + Hydrogen Hub in Australia

Australia’s Northern Territory Government and Paris-based energy company Total Eren have signed a memorandum of understanding (MoU) to develop a new green hydr…

Offshore Wind Power

Massive Norfolk Offshore Wind Project Takes Step Forward

Vattenfall has awarded the contract for the onshore cable installation scope of wind farms off the coast of Norfolk.

Oil & Gas Supply

Europe’s Efforts to Shield Households From Soaring Energy Costs

Europe is facing a sharp rise in power bills driven by sky-rocketing gas prices, as war in Ukraine and European sanctions on Russia heighten concerns over the s…

Geothermal Power Plant

Enhanced Geothermal Energy System R&D Gets a Boost From DOE Money

The U.S. Department of Energy’s Frontier Observatory for Research in Geothermal Energy field laboratory announced up to $44 million for projects to develop and…

Natural Gas

German Energy Market Would Collapse Without Gas Levy - Habeck

Germany had to introduce its new levy to help utilities cover the cost of replacing Russian supplies or else its energy market would collapse, Economy Minister …

Oil Field

Norway’s Climate Choice: Old Oil, Gas Fields Switch to Green Power or Close Early

Norway will have to phase out some of its old oil and gas fields prematurely to achieve its 2030 climate goals, unless it can use carbon-free power on more offs…